Expert slams bank rate hike

From Face of Malawi Thu Dec 13 2012, 06:41:29

An economic expert from Chancellor College has slammed last week's decision by Reserve Bank of Malawi (RBM) to hike the country's bank rate, saying the move will only make any attempts towards economic recovery to be far-fetched. RBM has, however, defended its decision which, it says, was made based on thorough research. Following a Monetary [...]

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